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Bank of England to raise rates this year if energy prices stay high
The Bank of England may increase interest rates this year if energy prices remain elevated. The decision is based on the July forecast from the FT’s Monetary Policy Radar team.
Related Signal
Adjacent reporting
- Rising oil prices could force up UK interest rates, say economists
- The case for raising UK interest rates is growing
- Bank of England Holds Rates as Officials Consider Hikes Ahead
- Bank of England chief hints interest rates could rise - but says it will not rush to make the 'difficult' decision
- Bank of England keeps rate at 3.75%; inflation 2.8% but energy prices remain volatile
- BOE Holds Rates as Officials Signal Future Hikes